2-bed · 882 sqftSafi Apartments 1A, Town Square · 7th floor · completed 2018

704, Safi Apartments 1A

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 630K27 July 2022
Current rentAED 72K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Safi Apartments 1A

What is 704 worth today?

Last sold for AED 630,000 in 2022

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15 Oct 2026RentedNew contract
AED 72,000/yr12 months · AED 82 per sqft
10 May 2025RentedRenewal
AED 45,000/yr12 months · AED 51 per sqft
10 May 2024RentedRenewal
AED 45,000/yr12 months · AED 51 per sqft
5 May 2023RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft
27 Jul 2022SoldReady
AED 630,000AED 714 per sqft
5 May 2022RentedRenewal
AED 45,000/yr12 months · AED 51 per sqft
3 May 2021RentedRenewal
AED 44,759/yr12 months · AED 51 per sqft
3 May 2020RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
2-bed apartment
Size
882 sqft
Floor
7th of 7
Parking
P-314
Developer
Nshmi Development
Completed
2018
Service charge
AED 13,500 /yr
Last sold
AED 630K · July 2022

About 704, Safi Apartments 1A

704 is a two-bedroom apartment of 882 sqft on the 7th floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 27 July 2022 for AED 630,000, or AED 714 per sqft.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 15 October 2026, is AED 72,000 a year: a gross yield of 11.4% on the 2022 price, before the service charge of about AED 13,500 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical two-bed in Safi Apartments 1A
750K1M20152018202120242027Typical sale price by year: 2015 AED 801,388; 2016 AED 881,888; 2018 AED 803,888; 2019 AED 660,000; 2020 AED 665,000; 2021 AED 650,000; 2022 AED 730,000; 2023 AED 800,000; 2024 AED 920,000; 2025 AED 1,100,000; 2026 AED 1,087,500Sold by developer, October 2015: AED 743,888 (AED 843 per sqft)Sold, July 2019: AED 800,000 (AED 906 per sqft)Sold, July 2022: AED 630,000 (AED 714 per sqft)

704 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 704, each contractTypical two-bed in Safi Apartments 1A
40K60K80K201920222025Typical rent by year: 2019 AED 52,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 60,084; 2024 AED 70,068; 2025 AED 80,000; 2026 AED 80,000New contract, May 2019: AED 50,000 a yearNew contract, May 2020: AED 45,000 a yearRenewal, May 2021: AED 44,759 a yearRenewal, May 2022: AED 45,000 a yearNew contract, May 2023: AED 45,000 a yearRenewal, May 2024: AED 45,000 a yearRenewal, May 2025: AED 45,000 a yearNew contract, October 2026: AED 72,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Safi Apartments 1A, and where 704 sits

All 97 2-beds →

Over the last 12 months two-beds sold for AED 1,000,000 to 1,280,000, around AED 1,197 per sqft, and rent for AED 60,000 to 110,000 a year. 704's AED 72,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20261,075,000
26 Oct 20261,175,000
10 Sep 20261,200,000
3 Jun 20261,025,000
13 2-bed sales in the last 12 months

Safi Apartments 1A

Building

156 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 19 sold in the last 12 months.

Typical price per sqft
AED 1,217 Up 9.9%
Typical sale
AED 1.1M
Typical rent
AED 80K /yr
Typical yield
7.1%
Safi Apartments 1A, Town Square: prices, sales and rents →

Other units on the 7th floor

All 156 units in Safi Apartments 1A
Value
7012-bedAED 850K · Oct 2015
7023-bedAED 1.25M · Oct 2015
7032-bedAED 798K · Jun 2016
7053-bedAED 1.43M · Dec 2017
7062-bedAED 818K · Oct 2015
7072-bedAED 1.05M · Feb 2025
7081-bedAED 604K · Sep 2024
1–7 of 20

704, Safi Apartments 1A in numbers

  • Sold 3 times: first on 19 October 2015 for AED 743,888, last on 27 July 2022 for AED 630,000 (AED 714 per sqft).
  • Rented since May 2019 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 44,759 in 2021 and recovered to AED 72,000 by October 2026.
  • At AED 72,000 a year the gross yield on the 2022 price is 11.4%, before a service charge of about AED 13,500 a year (AED 15.28 per sqft).
  • Two-beds in Safi Apartments 1A sold for AED 1,000,000–1,280,000 in the 12 months to November 2026; the building's median across all types is AED 1,217 per sqft.

Source: Dubai Land Department. Updated 15 October 2026.

Questions about 704, Safi Apartments 1A

What did unit 704 last sell for?

AED 630,000 on 27 July 2022: AED 714 per sqft for 882 sqft. The unit has 3 registered sales; the first was AED 743,888 in October 2015.

What is the rent for unit 704?

AED 72,000 a year on the contract signed on 15 October 2026. The previous contract, from May 2025, was AED 45,000; the unit has been rented since May 2019.

How big is unit 704?

882 sqft (81.9 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Safi Apartments 1A sold for AED 1,000,000 to 1,280,000 in the last 12 months, around AED 1,197 per sqft.

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Mortgage on 704, Safi Apartments 1A

Starts from the last sale price (AED 630K, 27 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →